renewables

German energy company RWE has started operating two solar PV projects with a combined capacity of 31.5MWp and their battery energy storage systems (BESS) at the Garzweiler opencast mine in Germany.

Pattern Energy has started the construction of its 3GW SunZia Transmission project that will offer clean power to western states of the US.

An IRENA report into the cost of producing power has found that the levelised cost of electricity in the solar PV sector fell by 3% in 2022.

The Australian Renewable Energy Agency (ARENA) has announced a new round of funding to develop and deploy microgrid technologies across regional and remote communities, including a majority of it allocated for microgrid projects in First Nations communities.

Although the floating solar market is expanding, the top 10 countries that will have more than 500MW of cumulative floating solar installations by 2031 are entirely from Asia.

Chinese solar manufacturer LONGi has announced that it had shipped over 1GW of solar modules to the Middle East distribution solar market by the second quarter of 2023.

Indian module manufacturer Navitas Solar has announced a plan to set up a 1.2GW solar module assembly plant in the US.

Investment in renewables in Southeast Asian countries could reach US$119 billion by 2027 driven by wind, solar and geothermal projects, according to energy research Rystad Energy.

US distributed solar supplier has acquired a portfolio of over 2,400 residential solar systems and contracts in the US.

Global investment in solar in the first half of 2023 increased by 43% year-on-year (YoY) to reach US$239 billion, but renewable energy investment was still far below the required amount to reach the net zero goal by 2050.